ADVOKAT T. MADSLANGRUD AS: årsregnskap 2022 vs 2021
Shrank 45% on revenue, weaker earnings
approved 2023-04-21; registry 2023-04-25; journal 2023 368356
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKAT T. MADSLANGRUD AS. Revenue 283.9k NOK → 155.5k NOK (-45.2%). Net result -2 815 NOK → -115.2k NOK. Equity 35.8k NOK → 4 352 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT T. MADSLANGRUD AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 178.4k NOK → 140.4k NOK (63% → 90% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 283.9k NOK to 155.5k NOK (-45.2% YoY). Calculated
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↓
Operating result weakened
Operating result -3 335 NOK → -93.1k NOK (op. margin -1.2% → -59.9%). Calculated
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↓
Net result weakened
Net result -2 815 NOK → -115.2k NOK (net margin -1.0% → -74.1%). Calculated
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↓
Equity eroded
Book equity 35.8k NOK → 4 352 NOK (equity ratio 23.1% → 4.1%). Calculated
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↓
Cash fell
Bank deposits 57.5k NOK → 30.6k NOK (-46.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 0.7 → 1. Reported fact